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Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

31/05/19
to
31/05/20
31/05/20
to
31/05/21
31/05/21
to
31/05/22
31/05/22
to
31/05/23
31/05/23
to
31/05/24
Fund 1.5% 9.7% -2.8% -6.0% 9.7%
Sector 1.4% 8.6% -2.7% -2.6% 6.7%
Rank 136/245 126/259 155/273 248/276 59/288
Quartile 3 2 3 4 1

Annualised performance

Annualised
3 Years to
31/05/24
5 Years to
31/05/24
10 Years to
31/05/24
Fund 0.1% 2.2% 4.3%
Sector 0.4% 2.2% 3.3%
Rank 167/273 131/245 62/173
Quartile 3 3 2

Top 10 Holdings

Stock % Weight
4⅛% Treasury Gilt 2027 4.67
4½% Treasury Gilt 2028 4.07
CME S&P EMI FUT Jun24 2.42
4½% Treasury Gilt 2042 1.91
⅞ Treasury 2046 1.39
TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 1.26
2½% Treasury Gilt 2065 1.15
⅝% Treasury Gilt 2050 1.12
3½% Treasury Gilt 2025 0.87
½% Treasury Gilt 2029 0.84
Total 19.70

Fund Aims

Objective: The fund aims to maximise long-term growth (the combination of income and growth of capital).

Fund Investments: The fund will invest in a portfolio of international equity funds, international (including UK) fixed income funds and cash. The fund is denominated in sterling.

Fund Manager

M&G Treasury & Investment Office manager of the underlying fund for 29 years and 11 months

Photo of M&G Treasury & Investment Office With access to investment professionals around the world, the M&G Treasury & Investment Office (T&IO) has a broad and well-resourced investment capability. T&IO set the strategic asset allocation and undertakes the ‘manager of managers’ role for our insured funds. Over the years they have built a thorough and effective governance framework, which includes the setting and monitoring of investment mandates, regular performance and activity health checks and independent analysis of investment, credit and liquidity risks.

Fund Overview

Bid (13/06/2024) 3.78
Offer (13/06/2024) 3.98
Fund size (30/04/2024) £18.11m
Underlying Fund size £4.62m
Number of holdings 2728
Launch date 06/04/2005

Fund Charges

Annual Management Charge (AMC) 1.20%
Further Costs 0.03%
Yearly Total 1.23%

Asset Allocation

pie chart
  International Equities 33.80%
  UK Gilts 20.36%
  International Bonds 16.02%
  UK Equities 15.60%
  UK Corporate Bonds 9.62%
  Cash and Equivalents 0.88%
  Property 0.82%
  Investment Trusts 0.12%
  Money Market 0.11%
  Other Assets 2.67%

Commentary

Not currently available.

Portfolio data accurate as at: 30/04/24

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 33.80%
  UK Gilts 20.36%
  International Bonds 16.02%
  UK Equities 15.60%
  UK Corporate Bonds 9.62%
  Cash and Equivalents 0.88%
  Property 0.82%
  Investment Trusts 0.12%
  Money Market 0.11%
  Other Assets 2.67%

Bond Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Bonds 46.00% - - -
 
Financials 10.30% - - -
 
Banks - 5.38% - -
 
Banks - - 5.38% -
 
Banks - - - 5.38%
 
Financial Services - 2.64% - -
 
Investment Banking & Brokerage Services - - 1.95% -
 
Asset Managers & Custodians - - - 1.08%
 
Investment Services - - - 0.65%
 
Diversified Financial Services - - - 0.22%
 
Finance & Credit Services - - 0.57% -
 
Financial Data & Systems - - - 0.37%
 
Mortgage Finance - - - 0.11%
 
Consumer Lending - - - 0.10%
 
Equity Investment Instruments - - 0.12% -
 
Equity Investment Instruments - - - 0.12%
 
Insurance - 2.28% - -
 
Life Insurance - - 1.22% -
 
Life Insurance - - - 1.22%
 
Non-life Insurance - - 1.06% -
 
Property & Casualty Insurance - - - 0.50%
 
Full Line Insurance - - - 0.34%
 
Reinsurance - - - 0.14%
 
Insurance Brokers - - - 0.08%
 
Industrials 8.06% - - -
 
Industrial Goods & Services - 7.38% - -
 
Industrial Support Services - - 1.97% -
 
Professional Business Support Services - - - 0.69%
 
Industrial Suppliers - - - 0.57%
 
Transaction Processing Services - - - 0.38%
 
Business Training & Employment Agencies - - - 0.18%
 
Security Services - - - 0.13%
 
Forms & Bulk Printing Services - - - 0.01%
 
General Industrials - - 1.47% -
 
Diversified Industrials - - - 0.88%
 
Containers & Packaging - - - 0.51%
 
Paints & Coatings - - - 0.05%
 
Glass - - - 0.02%
 
Plastics - - - 0.01%
 
Industrial Transportation - - 1.14% -
 
Marine Transportation - - - 0.43%
 
Railroads - - - 0.21%
 
Transportation Services - - - 0.19%
 
Commercial Vehicles & Parts - - - 0.12%
 
Delivery Services - - - 0.09%
 
Commercial Vehicle-Equipment Leasing - - - 0.09%
 
Trucking - - - 0.01%
 
Railroad Equipment - - - 0.00%
 
Electronic & Electrical Equipment - - 0.95% -
 
Electrical Components - - - 0.57%
 
Electronic Equipment: Gauges & Meters - - - 0.15%
 
Electronic Equipment: Control & Filter - - - 0.14%
 
Electronic Equipment: Pollution Control - - - 0.09%
 
Aerospace & Defence - - 0.94% -
 
Defense - - - 0.54%
 
Aerospace - - - 0.39%
 
Industrial Engineering - - 0.92% -
 
Machinery: Industrial - - - 0.30%
 
Machinery: Construction & Handling - - - 0.26%
 
Machinery: Engines - - - 0.18%
 
Machinery: Tools - - - 0.17%
 
Machinery: Agricultural - - - 0.01%
 
Machinery: Specialty - - - 0.01%
 
Construction & Materials - 0.68% - -
 
Construction & Materials - - 0.68% -
 
Construction - - - 0.22%
 
Building Materials: Other - - - 0.17%
 
Cement - - - 0.17%
 
Building: Climate Control - - - 0.10%
 
Building, Roofing/Wallboard & Plumbing - - - 0.03%
 
Engineering & Contracting Services - - - 0.00%
 
Consumer Discretionary 7.60% - - -
 
Retail - 1.99% - -
 
Retailers - - 1.99% -
 
Diversified Retailers - - - 1.19%
 
Apparel Retailers - - - 0.33%
 
Specialty Retailers - - - 0.29%
 
Home Improvement Retailers - - - 0.18%
 
Consumer Products & Services - 1.67% - -
 
Household Goods & Home Construction - - 0.57% -
 
Home Construction - - - 0.54%
 
Household Appliance - - - 0.03%
 
Household Furnishings - - - 0.00%
 
Personal Goods - - 0.39% -
 
Clothing & Accessories - - - 0.19%
 
Luxury Items - - - 0.11%
 
Cosmetics - - - 0.06%
 
Footwear - - - 0.03%
 
Leisure Goods - - 0.37% -
 
Consumer Electronics - - - 0.18%
 
Electronic Entertainment - - - 0.07%
 
Recreational Vehicles & Boats - - - 0.04%
 
Photography - - - 0.04%
 
Toys - - - 0.02%
 
Recreational Products - - - 0.02%
 
Consumer Services - - 0.34% -
 
Vending & Catering Service - - - 0.29%
 
Consumer Services: Misc. - - - 0.04%
 
Education Services - - - 0.01%
 
Rental & Leasing Services: Consumer - - - 0.00%
 
Automobiles & Parts - 1.60% - -
 
Automobiles & Parts - - 1.60% -
 
Automobiles - - - 1.22%
 
Auto Parts - - - 0.32%
 
Tires - - - 0.07%
 
Travel & Leisure - 1.21% - -
 
Travel & Leisure - - 1.21% -
 
Hotels & Motels - - - 0.38%
 
Restaurants & Bars - - - 0.26%
 
Airlines - - - 0.22%
 
Casinos & Gambling - - - 0.18%
 
Travel & Tourism - - - 0.16%
 
Recreational Services - - - 0.01%
 
Media - 1.12% - -
 
Media - - 1.12% -
 
Publishing - - - 0.45%
 
Media Agencies - - - 0.39%
 
Radio & TV Broadcasters - - - 0.20%
 
Entertainment - - - 0.09%
 
Technology 7.00% - - -
 
Technology - 7.00% - -
 
Technology Hardware & Equipment - - 3.73% -
 
Semiconductors - - - 2.40%
 
Computer Hardware - - - 0.70%
 
Production Technology Equipment - - - 0.35%
 
Electronic Components - - - 0.25%
 
Electronic Office Equipment - - - 0.03%
 
Software & Computer Services - - 3.27% -
 
Consumer Digital Services - - - 1.47%
 
Software - - - 1.26%
 
Computer Services - - - 0.54%
 
Health Care 3.92% - - -
 
Health Care - 3.92% - -
 
Pharmaceuticals & Biotechnology - - 3.11% -
 
Pharmaceuticals - - - 2.95%
 
Biotechnology - - - 0.16%
 
Medical Equipment & Services - - 0.64% -
 
Medical Equipment - - - 0.49%
 
Medical Supplies - - - 0.16%
 
Medical Services - - - 0.00%
 
Health Care Providers - - 0.17% -
 
Health Care Management Services - - - 0.14%
 
Health Care Facilities - - - 0.02%
 
Health Care Services - - - 0.01%
 
Consumer Staples 3.20% - - -
 
Personal Care, Drug & Grocery Stores - 1.73% - -
 
Personal Care, Drug & Grocery Stores - - 1.73% -
 
Food Retailers & Wholesalers - - - 0.90%
 
Personal Products - - - 0.60%
 
Nondurable Household Products - - - 0.20%
 
Drug Retailers - - - 0.03%
 
Food, Beverage & Tobacco - 1.48% - -
 
Beverages - - 0.81% -
 
Soft Drinks - - - 0.38%
 
Distillers & Vintners - - - 0.31%
 
Brewers - - - 0.12%
 
Food Producers - - 0.66% -
 
Food Products - - - 0.65%
 
Farming, Fishing, Ranching & Plantations - - - 0.01%
 
Fruit & Grain Processing - - - 0.00%
 
Non-Classified 2.71% - - -
 
Non-Classified - 0.67% - -
 
Non-Classified - - 0.67% -
 
Non-Classified - - - 0.67%
 
Energy 2.38% - - -
 
Energy - 2.38% - -
 
Non-Renewable Energy - - 2.35% -
 
Integrated Oil & Gas - - - 1.54%
 
Oil: Crude Producers - - - 0.32%
 
Oil Refining and Marketing - - - 0.30%
 
Oil Equipment & Services - - - 0.18%
 
Pipelines - - - 0.01%
 
Offshore Drilling & Other Services - - - 0.00%
 
Renewable Energy - - 0.04% -
 
Renewable Energy Equipment - - - 0.04%
 
Basic Materials 2.32% - - -
 
Basic Resources - 1.47% - -
 
Industrial Metals & Mining - - 1.21% -
 
General Mining - - - 0.70%
 
Iron & Steel - - - 0.32%
 
Copper - - - 0.10%
 
Metal Fabricating - - - 0.04%
 
Aluminum - - - 0.02%
 
Nonferrous Metals - - - 0.02%
 
Precious Metals & Mining - - 0.15% -
 
Gold Mining - - - 0.14%
 
Platinum & Precious Metals - - - 0.01%
 
Diamonds & Gemstones - - - 0.00%
 
Industrial Materials - - 0.12% -
 
Paper - - - 0.10%
 
Diversified Materials - - - 0.02%
 
Chemicals - 0.85% - -
 
Chemicals - - 0.85% -
 
Chemicals: Diversified - - - 0.61%
 
Specialty Chemicals - - - 0.17%
 
Fertilizers - - - 0.04%
 
Chemicals & Synthetic Fibers - - - 0.03%
 
Telecommunications 2.25% - - -
 
Telecommunications - 2.25% - -
 
Telecommunications Equipment - - 1.21% -
 
Telecommunications Equipment - - - 1.21%
 
Telecommunications Service Providers - - 1.03% -
 
Telecommunications Services - - - 1.03%
 
Real Estate 1.80% - - -
 
Real Estate - 1.80% - -
 
Real Estate Investment Trusts - - 1.08% -
 
Diversified REITs - - - 0.26%
 
Industrial REITs - - - 0.23%
 
Residential REITs - - - 0.12%
 
Retail REITs - - - 0.12%
 
Office REITs - - - 0.10%
 
Storage REITs - - - 0.07%
 
Health Care REITs - - - 0.07%
 
Timber REITs - - - 0.06%
 
Other Specialty REITs - - - 0.03%
 
Hotel & Lodging REITs - - - 0.01%
 
Real Estate Investment & Services - - 0.71% -
 
Real Estate Holding and Development - - - 0.50%
 
Real Estate Services - - - 0.21%
 
Utilities 1.47% - - -
 
Utilities - 1.47% - -
 
Gas, Water & Multi-utilities - - 0.82% -
 
Multi-Utilities - - - 0.65%
 
Water - - - 0.14%
 
Gas Distribution - - - 0.04%
 
Electricity - - 0.65% -
 
Conventional Electricity - - - 0.57%
 
Alternative Electricity - - - 0.08%
 
Waste & Disposal Services - - 0.00% -
 
Waste & Disposal Services - - - 0.00%
 
Cash and Equivalents 0.99% - - -
 
Alternative Trading Strategies 0.00% - - -
 
Alternative Trading Strategies - 0.00% - -
 
Alternative Trading Strategies - - 0.00% -
 
Alternative Trading Strategies - - - 0.00%

Regional Allocation

pie chart
  UK 45.59%
  Developed Europe - Excl UK 15.46%
  North America 14.18%
  Emerging Asia 8.76%
  Non-Classified 4.98%
  Japan 4.19%
  Developed Asia 2.75%
  Australia & New Zealand 1.15%
  Cash and Equivalents 0.99%
  Other Regions 1.96%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 53.12%
  Pound Sterling 44.85%
  Cash 0.88%
  US Dollar 0.58%
  Euro 0.57%

Regional Breakdown

Expand allCollapse all
Region Country
 
UK 45.59% -
 
United Kingdom - 45.59%
 
Developed Europe - Excl UK 15.46% -
 
France - 4.21%
 
Germany - 2.63%
 
Netherlands - 1.82%
 
Switzerland - 1.40%
 
Luxembourg - 0.93%
 
Ireland - 0.84%
 
Denmark - 0.73%
 
Spain - 0.72%
 
Sweden - 0.64%
 
Italy - 0.47%
 
Norway - 0.35%
 
Finland - 0.34%
 
Belgium - 0.24%
 
Austria - 0.13%
 
Portugal - 0.02%
 
North America 14.18% -
 
United States - 13.38%
 
Canada - 0.80%
 
Emerging Asia 8.76% -
 
South Korea - 2.17%
 
China - 2.03%
 
Taiwan - 1.90%
 
India - 1.41%
 
Indonesia - 0.45%
 
Thailand - 0.31%
 
Philippines - 0.29%
 
Malaysia - 0.20%
 
Non-Classified 4.98% -
 
Japan 4.19% -
 
Japan - 4.19%
 
Developed Asia 2.75% -
 
Hong Kong - 1.94%
 
Singapore - 0.81%
 
Australia & New Zealand 1.15% -
 
Australia - 1.15%
 
Cash and Equivalents 0.99% -
 
Property 0.81% -
 
South & Central America 0.69% -
 
Mexico - 0.41%
 
Brazil - 0.23%
 
Chile - 0.03%
 
Colombia - 0.01%
 
Cayman Islands - 0.00%
 
Middle East & Africa 0.28% -
 
United Arab Emirates - 0.15%
 
South Africa - 0.11%
 
Israel - 0.02%
 
Saudi Arabia - 0.01%
 
Emerging Europe 0.17% -
 
Greece - 0.07%
 
Turkey - 0.06%
 
Poland - 0.02%
 
Hungary - 0.01%
 
Czech Republic - 0.01%
 
Russian Federation - 0.00%

Breakdown By Market Cap (%)

Mega
 
 
25.79%
Large
 
 
12.47%
Medium
 
 
7.36%
Small
 
 
0.72%
Micro
 
 
0.10%
Non-Classified
 
 
6.57%
Bonds
 
 
46.00%
Cash
 
 
0.99%

Fixed Interest Maturity Profile

< 5Yr Maturity
 
 
24.27%
5Yr - 10Yr Maturity
 
 
7.01%
10Yr - 15Yr Maturity
 
 
3.11%
> 15Yr Maturity
 
 
11.61%
Cash And Equivalents
 
 
0.99%
Unknown Maturity
 
 
2.03%
Other Asset Types
 
 
50.98%

Fixed Interest Quality Profile

AAA
 
 
3.61%
AA
 
 
23.66%
A
 
 
7.42%
BBB
 
 
8.62%
Sub-Investment Grade
 
 
0.16%
Unknown Quality
 
 
2.53%
Cash and Equivalents
 
 
0.99%
Other Asset Types
 
 
53.01%

Top 10 Holdings

Stock % Weight Sector Country
1 4⅛% Treasury Gilt 2027 4.67% Bonds United Kingdom
2 4½% Treasury Gilt 2028 4.07% Bonds United Kingdom
3 CME S&P EMI FUT Jun24 2.42% Non-Classified Non-Classified
4 4½% Treasury Gilt 2042 1.91% Bonds United Kingdom
5 ⅞ Treasury 2046 1.39% Bonds United Kingdom
6 TAIWAN SEMICONDUCTOR MANUFACTURING COMPANY LIMITED 1.26% Technology Hardware & Equipment Taiwan
7 2½% Treasury Gilt 2065 1.15% Bonds United Kingdom
8 ⅝% Treasury Gilt 2050 1.12% Bonds United Kingdom
9 3½% Treasury Gilt 2025 0.87% Bonds United Kingdom
10 ½% Treasury Gilt 2029 0.84% Bonds United Kingdom

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B06HQ40
Mex Code SBPIGL
Isin Code IE00B06HQ402
Citi Code VY68

Fund Charges

Annual Management Charge (AMC) 1.20%
Further Costs 0.03%
Yearly Total 1.23%

Aims and Benchmark

Aims Objective: The fund aims to maximise long-term growth (the combination of income and growth of capital). Fund Investments: The fund will invest in a portfolio of international equity funds, international (including UK) fixed income funds and cash. The fund is denominated in sterling.
Benchmark Composite Index
Sector OI Mixed Investment 20-60% Shares

Ratings

FE Crown Crown Rating of 2

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Charges and further costs may vary in the future and may be higher than they are now.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.

Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.

This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

The registered office of Prudential International is in Ireland at Fitzwilliam Court, Leeson Cl, Dublin 2, D02 TC95. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details about the extent of our regulation by the Prudential Regulation Authority are available from us on request. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.